From San Francisco, William worked for Figure Technologies' capital markets blockchain trading platform, Lending Club's ABS structuring team, SoFi's BD team and Yodlee as a Sales analyst.
International diversification matters in asset allocation, and doing so in one of the world's most innovative start-up hubs, Israel, is now an option with the upcoming Playtika IPO. This Friday, the online mobile gaming company will be listed on the Nasdaq under the symbol PLTK for what could be a $1 billion raise. The company's business operations and risks are explored in this article:
FinTech IPOs are becoming the norm with e-commerce and online payments booming from Covid-led consumer online demand. Affirm specializes in "buy now pay later" solutions. Its system enables consumers to get items today, but pay over time. APRs start at 0% for short 3 month terms and grow to incrementally higher rates with longer repayment terms.
Based in San Francisco, SoFi is a leading online lending platform founded in 2011 to tackle the U.S. Student debt crisis through student loan refinancing. In 2011, the average American student had $26,600 in loans, and today the national debt has surpassed the $1.6 trillion mark. SoFi grew into a giant through the innovative marketing and financial practices explored in this article.
With 2020 being the year of Covid-19, what will 2021 stand for? Our short rendering of macro-economic prospects will help you build your big picture intuition going into the coming year.
This year we experienced our first recession since the global meltdown of 2008, we radically changed our lifestyles, we confined, we lost our jobs, we saw dislocating economies, an e-commerce boom, a bitcoin bandwagon, nearly 2 million deaths related to the covid-19 pandemic. What's next?